Copper

September 4, 2011

Sandfire confident on $360m finance

Sandfire Resources managing director Karl Simich says the company's looming $360 million finance facility is still on track for completion soon, despite turmoil in global markets.

September 2, 2011

Force majeure lifted at Escondida

Reuters reports that force majeure was lifted at Escondida on Friday at Escondida, the world's largest copper mine. The Chilean mine, whose majority owner is BHP Billiton, was under force…

September 2, 2011

Xstrata upgrades Papua New Guinea Frieda River

The copper unit of Anglo-Swiss miner Xstrata PLC (XTA.LN) Friday announced a 10% increase in the copper resource base of its Papua New Guinea Frieda River copper-gold project and said…

September 2, 2011

Peru to present mining royalty bill in two weeks

According to Peru's finance minister, the government plans to send its mining royalty proposal to congress in the next two weeks; if passed, mining royalties would be based on operating…

September 2, 2011

Copper down 0.37 pct on global cues

11:43 IST Copper prices fell by 0.37% to Rs 421 per kg in futures trade today as speculators reduced their positions amid a weak trend on the London Metal Exchange…

September 2, 2011

Foes sue to stop mine in U.P.

Traverse City Opponents of a planned nickel and copper mine in Michigan's Upper Peninsula have mounted a last-ditch legal effort, asking a judge to put a state-issued permit for the…

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